Business

£33m wage hike takes bite out of Wetherspoon profits

UK pub chain JD Wetherspoon has reported a drop in pre-tax profits of 19% in the first half, which fell from £62 million in 2018 to £50.3m this year.

Diageo braced for no-deal Brexit

As Pernod Ricard reveals that it has begun stockpiling ahead of a potential no-deal Brexit, Diageo has very firmly emphasised that it too will be able to cope with any possible disruption without "material effect" on the company.

Campari net profits drop 17% as UK sales of Aperol rise 56%

Net profits of Campari dropped by 16.8% in 2018, according to its full year 2018 results, but were buoyed by growing sales of Aperol, which in the UK alone grew by 56%.

Diageo sees net sales rise 5.8% to £6.9 billion

Diageo has reported a 5.8% increase in its net sales for the six months ending 31 December 2018, rising to £6.9 billion, while operating profits rose by 11% to £2.4 billion.

The Wine Society names new CEO

September 5th, 2018

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